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Channel Finance Specialist

Employer
Logic 360 Group
Location
Johannesburg Johannesburg, Gauteng Gauteng, South Africa
Salary
Competitive
Closing date
Jun 18, 2024

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Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
The Channel Finance Specialist will play a critical role in managing and optimizing the financial performance of our ATM business. This position requires a deep understanding of device mix, financial modelling, and strategic financial planning to support our sales and distribution channels.Key responsibilitiesFinancial Analysis & Reporting:
  • Analyze financial data related to ATM sales and transactions to identify trends, opportunities, and areas for improvement.
  • Prepare detailed financial reports and presentations for senior management and stakeholders.
Financial Modelling
  • Develop and maintain financial models to forecast revenue, costs, and profitability for different device mixes and business scenarios.
  • Evaluate the financial impact of new business opportunities, pricing strategies, and promotional activities.
Channel Support
  • Collaborate with sales and distribution teams to provide financial insights and support for channel strategies.
  • Monitor and analyse the performance of different sales channels, recommending actions to enhance profitability and efficiency.
Commission & Incentive Management
  • Oversee the calculation and distribution of commissions based on device sales and ATM transactions.
  • Ensure timely and accurate commission payments, adhering to company policies and contractual agreements.
  • Develop and implement incentive programs to drive channel partner performance.
Budgeting & Forecasting
  • Assist in the development of annual budgets and financial forecasts for the ATM business.
  • Track and report on budget performance, identifying variances and implementing corrective actions as needed.
Process Improvement
  • Identify and implement process improvements to enhance financial reporting, forecasting, and analysis.
  • Develop and maintain standardized tools and templates for financial analysis and reporting
Strategic Planning
  • Contribute to the development of strategic plans for channel growth and expansion.
  • Conduct financial modelling and scenario analysis to support decision-making.
  • Provide financial insights and recommendations to support business strategies and objectives.
Compliance & Controls
  • Ensure compliance with internal financial policies and procedures.
  • Implement and maintain effective financial controls to safeguard company assets.
  • Assist in the preparation of audits and ensure adherence to regulatory requirements.
Qualifications and Experience
  • Bachelor's degree in finance, Accounting, Economics, or a related field. MBA or relevant certification (e.g., CFA, CPA) is a plus.
  • Minimum of 3-5 years of experience in finance, preferably within the ATM or financial services industry.
  • Strong proficiency in financial modelling, analysis, and reporting.
  • Excellent analytical and problem-solving skills.
  • Advanced proficiency in Microsoft Excel and financial software applications.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with cross[1]functional teams.
  • Detail-oriented with a high degree of accuracy in work.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Conditions of employment
  • A valid driver's license.
  • Own reliable transport
  • Clear criminal and credit record
  • Contactable via own mobile phone
  • Available for work to weekends and public holidays when required

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